MTNL bank loan default continues; entire Rs 9,732 crore exposure NPA across 7 lenders
MTNL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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MTNL disclosed continuing defaults on bank loan repayments. All seven lenders have classified their exposure as NPA. Total bank loan outstanding is Rs 9,732 crore, with overdue principal of Rs 7,794 crore and overdue interest of Rs 1,937 crore. MTNL's total debt stands at Rs 37,553 crore including bank loans, Rs 24,071 crore sovereign guarantee bonds, and a Rs 3,750 crore DoT loan. This is a recurring monthly disclosure.
Very negative. Full Rs 9,732 crore bank debt classified NPA across all lenders shows deep financial stress. No resolution despite repeated filings.